Federal flexible spending account program fsafeds administration services
Ended Awarded Last action
- Contract number
- 47QACA26F0027
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Federal Acquisition Service
General Services Administration
- Obligated
- $17,252
Award facts
- Opportunity
-
- 47QACA26Q0041 Solicitation number
- Contract value 100% obligated
- $17,252.40 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Office of Performance Management and the Chief Financial Officer Small Business Administration
- NAICS code
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20416, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Other statutory authority
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this award
The Office of Personnel Management awarded a Delivery Order contract to Healthequity, Inc. (doing business as Healthequity HSA Administrators) on January 1, 2025, for administration services supporting the Federal Flexible Spending Account Program (FSAFEDS). This Firm Fixed Price contract, valued at $17,252.40 with an ultimate completion date of December 31, 2025, covers comprehensive administrative support for federal employees' pre-tax flexible spending accounts and health savings accounts. The place of performance is Washington, DC. This delivery order was issued without a set-aside designation, indicating competition on a full and open basis.
This contract represents a task order issued under Healthequity's larger Indefinite Delivery Contract vehicle with OPM, which carries a substantial ceiling value of $131.8 million and extends through December 31, 2029. Under these arrangements, Healthequity provides critical third-party administration services for approximately 2 million federal civilian employees and uniformed service members, including account establishment, contribution processing, claims processing, customer service, reimbursement management, debit card issuance, and fraud prevention. The company's FSAFEDS administration services enable federal employees across numerous civilian and defense agencies to manage healthcare and dependent care expenses using pre-tax dollars, providing significant tax savings benefits to the federal workforce.
Quick answers
Who was awarded contract 47QACA26F0027?
47QACA26F0027 was awarded to Healthequity, Inc. by Federal Acquisition Service (General Services Administration) on January 1, 2025.
How much is contract 47QACA26F0027 worth?
The government has obligated $17,252 on 47QACA26F0027.
Which agency awarded contract 47QACA26F0027?
Federal Acquisition Service (General Services Administration) awarded 47QACA26F0027, with funding from Office of Performance Management and the Chief Financial Officer (Small Business Administration).
Is contract 47QACA26F0027 an order under another contract?
Yes. 47QACA26F0027 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 47QACA26F0027 competed?
The extent of competition for 47QACA26F0027 was full and open competition. The government received 1 offer.
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